Audit Data Analytics (ADA) Is Effective Only for Identifying General

question 12

True/False

Audit data analytics (ADA) is effective only for identifying general types of misstatements and not for identifying specific transactions or accounts that are likely to be misstated.

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Definitions:

Auscultating

The act of listening to the sounds made by internal organs, especially the heart and lungs, typically using a stethoscope.

Palpating

The technique of examining parts of the body by touch, especially to diagnose illness or ascertain the size, shape, and firmness of organs.

Dehydration

A condition resulting from the excessive loss of body water and electrolytes.

Vasodilation

The widening of blood vessels, which decreases blood pressure and allows for increased blood flow.